HOFFMAN ESTATES, Ill. – Sears Holdings Corp. (SHLD) on Thursday reported a loss of $580 million in its fiscal fourth quarter.
On a per-share basis, the Hoffman Estates, Illinois-based company said it had a loss of $5.44. Losses, adjusted for non-recurring costs, were $1.70 per share.
The department store operator posted revenue of $7.3 billion in the period.
Sears shares have decreased 17 per cent since the beginning of the year. The stock has declined 56 per cent in the last 12 months.
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on SHLD at http://www.zacks.com/ap/SHLD
Keywords: Sears Holdings, Earnings Report, Priority Earnings